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GBP/USD update for February 17, 2022 - Buyers in control

Technical analysis:


GBP/USD has been trading upside today with good momentum. I see potential for the upside continuation.

Trading recommendation:

Due to strong rejection of the rising trend-line in the background, I see potential for the upside continuation towards upper references.

Watch for buying opportunities on the pullbacks using intraday charts. Upside objectives are set at 1,3660 and 1,3745.

Support level is set at 1,3560

Trading analysis offered by Complex Trader - a RobotFX partner.